[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[birdonthewire]

Hello DASH supporters.
Can I see the total funded addresses of the entire DASH chain from the explorer?
Normally, I only get the "Rich List" up to the 200, 500, or 1000 richest, it depends on each browser. But it is impossible for me to go from there and I suppose it is public and accessible information.

Thanks.

...Higher percentage in top 10 addresses, top 100 addresses, top 1000 addresses & lower percentage in all other addresses = More Centralized Wealth Distribution (Litecoin)
Lower percentage in top 10 addresses, top 100 addresses, top 1000 addresses & higher percentage in all other addresses = More Decentralized Wealth Distribution (Dash)  

Thanks, I found it earlier here: https://blockchair.com/dash/addresses

At the bottom right, you search listings, by the amount contained in small addresses.

[qwizzie]

Hello DASH supporters.
Can I see the total funded addresses of the entire DASH chain from the explorer?
Normally, I only get the "Rich List" up to the 200, 500, or 1000 richest, it depends on each browser. But it is impossible for me to go from there and I suppose it is public and accessible information.

Thanks.

...Higher percentage in top 10 addresses, top 100 addresses, top 1000 addresses & lower percentage in all other addresses = More Centralized Wealth Distribution (Litecoin)
Lower percentage in top 10 addresses, top 100 addresses, top 1000 addresses & higher percentage in all other addresses = More Decentralized Wealth Distribution (Dash)  

Thanks, I found it earlier here: https://blockchair.com/dash/addresses

At the bottom right, you search listings, by the amount contained in small addresses.

Good to hear.

[birdonthewire]

competitive mining theory

The problem is, that with bitcoin at $100,000, current Dash/BTC ratio and current mining/masternode reward ratio MN "profits" would be at near $6000 every 7 days for 1 node. That amounts to $2 Billion per year network-wide in pure profit for doing no economic work. Mining at zero difficulty in exchange for $2 Billion worth of value.

If you think that's a "theory" that works then you went to the school of Alice in Wonderland economics because no activity survives with that kind of deluded model. The profits simply get repriced in dollars. So we'd be looking at Dash/BTC ratios of around 1/10th of where they are now if we're lucky.

The job of the "competitive mining theory" is to preserve capital in the chain by making the coin as expensive to mine as it is to buy. End of story. It's very successful at that and if you don't use it then the capital simply disappears out of the chain in proportion to the number of blocks that get mined at zero difficulty in comparison with those at full difficulty. (A bit like what would happen to bitcoin if it were to give away half its new supply to large holders at zero cost instead of putting a price on it.What's the difference between that and what Dash does ? - none. Ok so they have to run a node. Big deal, it costs $15 a month. It's no more than a symbolic gesture compared with the devaluation incurred through loss of mining effort).

In mined coins, utility arises from being an effective store of value, not the other way around. (As we have found to our cost).

From what price is it profitable to mine DASH?
What is the cost of basic but competitive equipment?
What return do you need?

Thanks.

[toknormal]

From what price is it profitable to mine DASH?

1. Borrow $67,000 at zero percent interest
2. Buy 1 masternode
3. Mine for 6 months at zero difficulty
4. Dump your masternode
5. You now have $2264 worth of Dash at zero cost and no investment capital

[birdonthewire]

From what price is it profitable to mine DASH?

1. Borrow $67,000 at zero percent interest
2. Buy 1 masternode
3. Mine for 6 months at zero difficulty
4. Dump your masternode
5. You now have $2264 worth of Dash at zero cost and no investment capital

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

[toknormal]

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

Mining profitability is here: https://www.coinwarz.com/mining/dash/calculator

[birdonthewire]

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

Mining profitability is here: https://www.coinwarz.com/mining/dash/calculator

Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model.

Excuse the insistence, I take care of the sensitivity of the topic, but would you be kind enough to tell me how much would be a minimally acceptable performance? (to be minimally motivated to provide that service)

[qwizzie]

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

Mining profitability is here: https://www.coinwarz.com/mining/dash/calculator

Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model.

toknormal is a masternode operator. So he may dislike the Mnodes model, but he is surfing the masternode waves. From the start...
Also i strongly recommend to only invest what you can effort to loose, and not to engage in borrowing Dash unless you know what you are doing.

There was a whale that was doing Dash borrowing on SALT* awhile back to setup masternodes and he got pretty badly liquidated on his borrowing at some point (100K Dash liquidated or something ?).

* https://blog.saltlending.com/salt-adds-dash-as-collateral-and-offers-a-way-to-maintain-your-masternode-877fe7caa615

If even big whales get liquidated like that, be extra careful.

[birdonthewire]

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

Mining profitability is here: https://www.coinwarz.com/mining/dash/calculator

Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model.

toknormal is a masternode operator. So he may dislike the Mnodes model, but he is surfing the masternode waves. From the start...
Also i strongly recommend to only invest what you can effort to loose, and not to engage in borrowing Dash.

There was a whale that was doing Dash borrowing on SALT* awhile back to setup masternodes and he got pretty badly liquidated on his borrowing at some point (100K Dash liquidated or something ?).

* https://blog.saltlending.com/salt-adds-dash-as-collateral-and-offers-a-way-to-maintain-your-masternode-877fe7caa615

thanks
Do you have an idea of what would be a minimum return for a miner? A normal yield.

[qwizzie]

Thank you, but i mean miners, not Mnodes.
I would also appreciate that information about other currency ... but of course about DASH.

Mining profitability is here: https://www.coinwarz.com/mining/dash/calculator

Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model.

toknormal is a masternode operator. So he may dislike the Mnodes model, but he is surfing the masternode waves. From the start...
Also i strongly recommend to only invest what you can effort to loose, and not to engage in borrowing Dash.

There was a whale that was doing Dash borrowing on SALT* awhile back to setup masternodes and he got pretty badly liquidated on his borrowing at some point (100K Dash liquidated or something ?).

* https://blog.saltlending.com/salt-adds-dash-as-collateral-and-offers-a-way-to-maintain-your-masternode-877fe7caa615

thanks
Do you have an idea of what would be a minimum return for a miner? A normal yield.

Best to ask in here : https://www.dash.org/forum/topic/mining.3/
And be aware that when our blockreward change gets activated on our network in a few weeks, a part of the blockrewards will start flowing from miners (-9%) to masternodes (+9%).
It will change from 45% miners rewards / 45% masternodes rewards to 36% miners rewards / 54% masternodes rewards in about 4.5 years.

This may even change a little more negatively for miners (additional -4%), if a certain decision proposal from DCG that is currently on our network passes --> https://www.dashcentral.org/p/decision-vote-improve-proposal-system-dc

[thunderjet]

I am still waiting on your evidence. I guess it is just easy to dismiss charts showing hard evidence that Dash wealth distribution is decentralized and not provide any evidence of centralization yourself.
Foolish behavior if you ask me. Specially if you keep emphasizing that Dash wealth distribution is centralized and the direct cause for Dash price being 'mercilessly trashed to oblivion', as you so eloquently put it.

By the way : do you still think Dash price is getting 'mercilessly trashed to oblivion' ? That most likely means you are not invested in Dash .. correct ?
After all why invest in a coin, you claim gets 'mercilessly trashed to oblivion' due to 'centralized' coin wealth distribution ?
It sure makes you come across as very Anti-Dash. Referencing some vague baseless unsubstantiated Dash exit scam, is not helping with that Anti-Dash impression either.

To thunderjet :

* Are you still convinced there are only 8,000-10,000 Dash circulating on Binance in total ?
Source : https://bitcointalk.org/index.php?topic=421615.msg55105180#msg55105180

* Do you still think that there is not enough demand and that Dash chances to attract significant external capital is quite low ?

market is quite shallow and there is no enough demand - Buy orders to apsorb even a moderate dump.

Chances to attract needed significant external capital after such poor performance and with tougher competition is quite low.

* Do you plan to keep spreading obvious lies about Dash wealth distribution being centralized somehow ?  

DASH wealth distribution is heavily concentrated

As i showed in my previous post Dash is very decentralized in its wealth distribution, almost twice as decentralized as Litecoin. This is directly supported by blockchain data (hard evidence).
Dash wealth distribution has a relatively low percentage concentrated in the top 10, top 100, top 1000 addresses and very large percentage concentrated in addresses outside of all that (68,2%).
Litecoin wealth distribution has a much larger percentage concentrated in the top 10, top 100, top 1000 addresses and a much lower percentage concentrated in addresses outside of all that (34,7%).

Link : https://bitcointalk.org/index.php?topic=421615.msg55559644#msg55559644

Only trolls keep trying to spread FUD and lies about Dash somehow having a centralized wealth distribution. Are you a troll ?
If you are not a troll, then why do you continuously post these lies about Dash wealth distribution being centralized ?

Talking about coin wealth distribution via number of addresses with lot of coins in it is obsolete.In the beginning of crypto market it had some sense,but today not any more.

Then how do you personally analyze coin wealth distribution and base your centralization view on it, if not through addresses ?
An analysis that should be objective and supported with data / statistics.

The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins. It is mercilessly trashed to oblivion,
because it is in hands of just few people

That statement of yours just sounds very subjective, without any support of data or statistics. Which is why i made my original post in the first place.

Please explain why you think Dash coin wealth distribution is centralized, when addresses (where the coins are in) in fact show the opposite for Dash. Sure exchanges will have
large cold / hot wallets, but that counts for all crypto projects and is not a reason to dismiss coin wealth distribution through addresses for open blockchains.
Not to mention the fact that 68,5% of Dash coin wealth distribution is located outside top 10, top 100 and top 1000 addresses (with Litecoin that is only 35%).

I suspect you dismiss addresses as a means to analyze coin wealth distribution out of hand, because it clashes with your subjective view of Dash. Someone most likely stated on a forum somewhere
that Dash was centralized, which you read, agreed upon without questioning and from that point you started to associate Dash with centralization.

Please show us the evidence that Dash coin wealth distribution is centralized.

Your "evidences" are not real evidences.Distribution charts you are talking about are completely useless.It shows nothing,because people who have a lot of coins do not put them all on only one address or wallet for security reasons and to protect themselves from tracking. After 2017,major KYC and AML upgrading protocols, splitting coins on numerous addresses and wallets became a basic rule for major holders.

Do you have any real evidence,direct or indirect that major DASH holders use only one address to store DASH? No,you dont. In fact ,major DASH holders are also major masternode owners and condition about 1000 coins per masternode helped further coin splitting.

4500 masternodes were established before 2017 bull run.During it,only about 12% sold theirs coins,despite price went up more than 100x. If DASH was truly decentralized,we would see a huge selling of masternode operators coins during the pump and later slowly rebuy.Not at one investor would miss such opportunity to earn 100x, except if you are the one who pump coin and cant dump on yourself.That was first major sign of highly centralized ownership.

Second is making economic decisions solely in favor of masternode owners,disregarding miners interests completely.Giving 50% of mined coins to masternode owners,just helped further centralization of power,because huge masternode owners got a lot of basically free coins,dumping them on market mercilessly,pushing price of coin deep in red and make it completely unprofitable for ordinary miners.

Do you really think that miners are idiots,mining deeply unprofitable DASH for months ,ruining financialy themselves? No, they are not idiots and people who are now mining DASH are not real miners but huge masternode owners.Thanks to hefty 50% reward they pushed ordinary miners from mining and took over mining,getting coins by far less price than it would be a case if 100% of mined coins go to miners.Despite obviously disastrous decision of giving 50% to masternode owners,now they are pushing for further increase of that reward.Even idiots can see that now huge economic disbalance in DASH will grow further.

Third,a deliberate decision that you need 1000 DASH to run a masternode was in favor of huge owners and coin centralization ,because owning just one masternode needs a lot of money,too many for ordinary people.

If the goal was true decentralization, condition for masternodes would be 50 to 100 DASH ,something that many people could afford.We would have a far more masternodes than today,which ROI will be in acceptable margins and one truly decentralized coin.

So,as you see ,all decisions were made to make DASH centralized as much as possible,completely in favor of big holders.

Yes,I think that due to a lot of free coins,huge masternode owners are mercilessly dumping coins for almost 3 years.Every price is good for them.They paid off theirs investments many times and have no reason to keep free coins they are getting.They are constantly removing liquidity from DASH,so DASH Buy orders fell almost to 0.

Is that looking like scam in progress? - Unfortunately,yes.I saw similar behaviour many times in other coins with same result. I sincerely hope so that DASH will not end like a major scam coin.Coin price is not a major problem,it is just a consequence of earlier bad economic decisons of DASH team.Empty Buy orders are something to worry about much more.One bigger order on 0.0041 BTC does not mean anything.It can be a false Buy wall or someone willing to gamble ,thinking to collect DASH on extremely low price and that DASH will not go much lower in future.

I had small investment in DASH during 2016,about 80 coins and sold them during 2017.Despite that DASH has a very good software team, due to poor economic decisions of its team I didnt reinvest money in it. I kept my eye on it ,because I thought it has potential and good technical team.

DASH made few very bad economic misses in a row,losing brilliant chance to become rival of ETH and to take over significant part in smart contracts using,which propped ETH so much.Some things can be changed and improved ,but damage is already very high and damage control unit is nowhere to be seen.



 

[qwizzie]

Thank you thunderjet for confirming you are currently not invested in Dash (0 Dash) and for confirming that you plan to keep pushing a false narrative about Dash wealth distribution being centralized,
thereby disregarding hard evidence from the Dash blockchain itself, that very clearly shows the opposite (that the Dash coin wealth distribution is highly decentralized).  

Link : https://bitcointalk.org/index.php?topic=421615.msg55559644#msg55559644

That is all i needed to know. I can safely put you on ignore now.

[toknormal]

thereby disregarding hard evidence from the Dash blockchain itself, that very clearly shows the opposite (that the Dash coin wealth distribution is highly decentralized).

He already pointed out to you that that's irrelevant because distributed wallets don't mean distributed owners.

It's particularly poignant with Dash because large holders HAVE TO split their holdings into distinct addresses if they want to run masternodes.

[qwizzie]

thereby disregarding hard evidence from the Dash blockchain itself, that very clearly shows the opposite (that the Dash coin wealth distribution is highly decentralized).

He already pointed out to you that that's irrelevant because distributed wallets don't mean distributed owners.

It's particularly poignant with Dash because large holders HAVE TO split their holdings into distinct addresses if they want to run masternodes.

Large Dash holders having to split their holding is irrelevant to Dash decentralized wealth distribution. They could all be sitting outside the top 10, top 100, top 1000 addresses. It does not change
the decentralized nature of Dash wealth distribution.
 
Dash wealth distribution has a relatively low percentage concentrated in the top 10, top 100, top 1000 addresses and very large percentage concentrated in addresses outside of all that (68,2%).
Litecoin wealth distribution has a much higher percentage concentrated in the top 10, top 100, top 1000 addresses and a much lower percentage concentrated in addresses outside of all that (34,7%).

Link : https://bitcointalk.org/index.php?topic=421615.msg55559644#msg55559644

There is just no evidence to suggest that Dash has a centralized coin wealth distribution. Zero evidence. There are just opinions, theory, assumptions, lies .. whatever you want to call it.
There is however evidence by comparing Dash wealth distribution with Litecoin wealth distribution, that Dash is much more decentralized in its wealth distribution then Litecoin.

[splawik21]

v0.16 Migration Report — Spork 21 Activation and v0.16.1 Release Announcement

- Spork 21 will be activated a week from now, old nodes will be banned over time.
- v0.16.1 will be released on Friday
- Hard fork lock-in expected in this period or next

https://blog.dash.org/v0-16-migration-report-spork-21-activation-and-v0-16-1-821678cf65aa

[thunderjet]

Thank you thunderjet for confirming you are currently not invested in Dash (0 Dash) and for confirming that you plan to keep pushing a false narrative about Dash wealth distribution being centralized,
thereby disregarding hard evidence from the Dash blockchain itself, that very clearly shows the opposite (that the Dash coin wealth distribution is highly decentralized).  

Link : https://bitcointalk.org/index.php?topic=421615.msg55559644#msg55559644

That is all i needed to know. I can safely put you on ignore now.

Here you go again with trolling. Sorry qwizzie,but you dont have birthright on truth or talking about DASH.

Everything I said is truth.You dont have any arguments against it. DASH was made for big holders.Every decision is subjugating to interest of big holders of masternodes and disregarding everyone else.Ownership decentralization exists only in your dreams.Chance for it was missed long time ago.

DASH mining is extremely unprofitable for a long time and what decision DASH team made about it - to make it even more unprofitable ,giving more of coins to masternodes. It is insane decision for one POW coin and finally make everybody crystal clear that theirs economic decisions are always only and only in the interest of big masternode owners and further centralization not only of coins possessions,but mining too.Complete control.Absolute power corrupts absolutely.


You said -  "Large Dash holders having to split their holding is irrelevant to Dash decentralized wealth distribution. They could all be sitting outside the top 10, top 100, top 1000 addresses.It does not change the decentralized nature of Dash wealth distribution."

Are you sure what you are talking about? You are admitting what I said that large holders of DASH splitting theirs coins on numerous addresses at least due to condition for masternode owners of 1000 coins on separate addresses and claiming how that means nothing for wealth distribution.Oh my God !


 




Just look at how much addresses have DASH wallets - hundreds per wallet,even in the case of small ones - https://chainz.cryptoid.info/dash/#!wallets

[jdmcg]

4500 masternodes were established before 2017 bull run.During it,only about 12% sold theirs coins,despite price went up more than 100x. If DASH was truly decentralized,we would see a huge selling of masternode operators coins during the pump and later slowly rebuy.Not at one investor would miss such opportunity to earn 100x, except if you are the one who pump coin and cant dump on yourself.That was first major sign of highly centralized ownership.

Only 12%? Tell me, how did you figure that? Did you actually track all the masternodes as they were taken down to be sold? How do you know they were sold at all? How do you know if they weren't just moved to a new address?

Not one investor would miss such opportunity to earn 100x? Just in this thread I see more than a few Dash hodlers who held too long and did miss the opportunity to earn 100x. I get the distinct impression that toknormal and other disgruntled masternode owners didn't sell during the bull run and that is part of the bitterness they bring here now.

Now all the talk about which coin is more decentralized seems pointless.

Do you really think BTC is that decentralized? How many people in this world own any yet?

[qwizzie]

v0.16 Migration Report — Spork 21 Activation and v0.16.1 Release Announcement

- Spork 21 will be activated a week from now, old nodes will be banned over time.
- v0.16.1 will be released on Friday
- Hard fork lock-in expected in this period or next

https://blog.dash.org/v0-16-migration-report-spork-21-activation-and-v0-16-1-821678cf65aa

Very nice. About 7 days / 14 days to lock-in the hard fork and then 7 more days to activate it. Hopefully this will all be done in three weeks.

[Alexey45]

Here you can take a look at the history and see how much DASH was capitalized, how many masternodes there were, and how many coins were mined at that time.
It is easy to conclude that the larger the capitalization, the more expensive DASH is.
Bitcoin will be pumped up to $ 100K and only then will DASH be pumped

https://stats.masternode.me/network-report/390674

[qwizzie]

Monero "BADCACA" - XMR Tracking Project (with user's porn preferences)
https://bitcointalk.org/index.php?topic=5286887.0

I have been logging Monero transactions for over a year now. Main reason why I decided to go public are blatant lies that there is nothing to worry about Chiphertrace and that Monero is private.
If you are prepared to sit though an 8 hour lecture on how broken Monero is, you will see that even they admit it. However that's obviously a small percentage of people they sell Monero to.

Monero was never a real privacy coin. Multiple problems that Ciphertrace is currently exploiting were reported to Monero project in 2016 and remain unfixed since. To draw attention to the issue
I will publish transactions, IP addresses and porn preferences of 100 "lucky" Monero users every day.

Dahaa better check if he is not one of those 100 ''lucky'' Monero users